Courtesy of Boeing

Polish national airline LOT announced that it has reached an agreement with Boeing as to the costs related to the grounding of the 787 Dreamliner aircraft. LOT's two Dreamliners have been grounded since January, along with all commercially flying Dreamliners globally, due to the battery problems the aircraft was experiencing.

Boeing agreed to do everything necessary to get LOT's two planes in the air by summer.

LOT was also set to receive six more Dreamliners in the future, and the two companies have agreed that the advance payments for these would be delayed. LOT was scheduled to receive a further three 787's in March 2013, then two in 2014 and yet another one in 2015.

Earlier on Friday, Boeing announced that it expects to complete testing of fixed batteries for Dreamliner planes within two weeks. After that, the US Federal Aviation Administration will decide on when the planes can fly again.

LOT is depending on the Dreamliners as a key element of its strategy to get its finances back on track.

Poland A.M.